Cahill Represents Initial Purchasers in a $1.5 Billion Notes Offering and Dealer Managers in Tender Offers and Consent Solicitation for The Gap, Inc.
Date: 09/27/21
Cahill represented the initial purchasers in connection with a Rule 144A offering of $750,000,000 aggregate principal amount of 3.625% senior notes due 2029 and a $750,000,000 aggregate principal amount of 3.875% senior notes due 2031 and the dealer managers in the concurrent tender offers and consent solicitation by The Gap, Inc. relating to its existing secured notes. Proceeds from the offering were used for a refinancing and fund the concurrently announced tender offers and consent solicitation for its existing secured notes. The Gap, Inc., commonly known as Gap Inc. or Gap, is an American worldwide clothing and accessories retailer.